NOT LISTED FOR SALE

331 Central Ave Kannapolis, NC 28081

Estimated Value: $293,000 - $352,000

4 Beds
2 Baths
1,728 Sq Ft
$184/Sq Ft Est. Value

Last Sold February 08, 2022

Last sale price $285,000 $165 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $1,946/month

33 Days on Market

About This Home

As of February 2022

Convenient to everything Kannapolis has to offer! You can walk to the Cannon Ballers ballpark and watch a game, walk to the GEM movie theatre and catch a movie, or walk to Village Park and enjoy a free outdoor concert. Not to mention all the local restaurants and stores at the Research Park. Rare 4-bedroom home features new interior paint, new flooring throughout, new white shaker kitchen cabinets, and stainless appliances. Outside features brand new roof, gutters, custom shutters, exterior doors, deck, fenced backyard and HVAC. The exterior building in the backyard is included. The building to the right of the home is not included in the sale. Reduced price for a quick sale and fantastic deal! If you need closing costs just add above 285K.

Last Agent to Sell the Property

Kristina Dodds

Signified Properties LLC License #216378 Listed on: 12/03/2021

Last Buyer's Agent

Julio A Suárez

Miranda Realty License #315671

Home Details

Home Type

  • Single Family

Year Built

  • 1930

Lot Details

  • 9,278

Outdoor Features

  • Front Porch

Home Details

Home Type

Single Family

Year Built

1930

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Lot Size: 50x100
  • New Construction: No
  • Road Surface Type: Gravel
  • Structure Type: One and a Half Story
  • Subdivision Name: NONE
  • Ratio Current Price By Acre: 1900000.00
  • Restrictions: No Representation
  • Special Features: None
  • Year Built: 1930

Interior Features

  • Appliances: Ceiling Fan(s), Dishwasher, Electric Range, Microwave
  • Fireplace Features: Family Room
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace: Yes
  • Flooring: Carpet, Vinyl
  • Full Bathrooms: 1
  • Half Bathrooms: 0
  • Total Bedrooms: 2
  • Fixture Exception Yn: 1
  • Sq Ft Additional: 325
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1206
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 522
  • Second Living Quarters Hla: 0
  • Porch: Front
  • Half Bathrooms: 1
  • Fixture Exception Description: Ring security equipment
  • Full Bathrooms: 0
  • Total Bedrooms: 2

Exterior Features

  • Roof: Shingle
  • Exterior Features: Fence, Outbuilding(s)
  • Foundation Details: Crawl Space
  • Construction Type: Vinyl Siding
  • Waterfront Elevation: 1000
  • Tax Location: Kannapls/cab
  • Construction Type: Site Built

Garage/Parking

  • Parking Features: Parking Space - 4+
  • Main Level Garage YN: 0

Utilities

  • Heating: Heat Pump, Heat Pump
  • Laundry Features: Main Level
  • Sewer: Public Sewer
  • Water Source: Public
  • Water Heater: Electric

Condo/Co-op/Association

  • Hoa Subject To Dues: No

Schools

  • Middle Or Junior School: Kannapolis
  • HOA Subject To: None

Lot Info

  • Zoning Description: RV

Tax Info

  • RATIO List Price By Tax Amount: 2.32085

Multi Family

  • Unit Count: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 3, 2021
Closed on
Feb 7, 2022
Sold by
Engle Kenneth G and Engle Shasta N
Bought by
Moya Noe Fernandez and Perez Ma Rosa
Seller's Agent
Kristina Dodds
Signified Properties LLC
Buyer's Agent
Julio A Suárez
Miranda Realty
List Price
$315,000
Sold Price
$285,000
Premium/Discount to List
-$30,000
-9.52%
Current Estimated Value
$318,153

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,153
Avg. Annual Appreciation
2.83%
Original Mortgage
$279,837
Outstanding Balance
$259,534
Interest Rate
3.45%
Mortgage Type
FHA
Estimated Equity
$58,619

Purchase Details

Closed on
Jul 23, 2019
Sold by
Atlantic American Properties Inc
Bought by
Engle Kenneth G and Engle Shasta N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,000
Interest Rate
3.8%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Moya Noe Fernandez $142,500,000 Soto Law Pllc
Fernandez Moya Noe $285,000 None Listed On Document
Engle Kenneth G $110,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fernandez Moya Noe $279,837
Closed Fernandez Moya Noe $279,837
Previous Owner Engle Kenneth G $5,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/08/2022 02/08/22 Sold $285,000 0.0% $165 / Sq Ft
01/05/2022 01/05/22 Pending -- -- --
12/29/2021 12/29/21 Price Changed $285,000 -3.7% $165 / Sq Ft
12/15/2021 12/15/21 Price Changed $296,000 -4.2% $171 / Sq Ft
12/07/2021 12/07/21 Price Changed $309,000 -1.9% $179 / Sq Ft
12/03/2021 12/03/21 For Sale $315,000 -- $182 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,399 $299,330 $46,000 $253,330
2024 $3,399 $299,330 $46,000 $253,330
2023 $1,682 $122,800 $20,000 $102,800
2022 $1,682 $122,800 $20,000 $102,800
2021 $1,682 $122,800 $20,000 $102,800
2020 $1,682 $122,800 $20,000 $102,800
2019 $975 $71,190 $9,900 $61,290
2018 $961 $71,190 $9,900 $61,290
2017 $947 $71,190 $9,900 $61,290
2016 $947 $73,500 $13,500 $60,000
2015 $926 $73,500 $13,500 $60,000
2014 $926 $73,500 $13,500 $60,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3810676

Canopy MLS (Canopy Realtor® Association)

APN: 5613-49-1310-0000